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5 TIPS FOR BUYING GROWTH RETAIL STOCKS
Our partner Leo Rodriguez broke down which companies are going to see growth this November
The pandemic stole Black Friday last year, but it’s back and could be bigger than ever! What stocks should you load up on before the spending spree?
Our partner Leo Rodriguez analyzed his top picks on his channel. Here are 5️⃣ tips he shared!
1️⃣ Leo referenced some predictions made by experts for this year’s Black Friday: supply chain shortages, online sales overtaking in-store purchases, negative effects from staff shortages, and higher use of buy-now, pay-later. 👀
2️⃣ TJ Maxx is likely to be a big winner this holiday season. Leo used Stock Card to show that #TJX stock is currently fairly priced, if not a little undervalued. This boost to sales could cause a significant jump in value.
3️⃣ The rise of buy-now, pay-later has allowed people to buy larger and pricier items and handle them easier financially. This means that higher revenues from luxury-oriented items could be expected from many chains.
4️⃣ These retail stocks aren’t just short-term plays for the rest of the year. Stock Card’s growth potential ratings show us that the apparel retail industry is poised for even more growth: at least 5% by 2025!
5️⃣ This shopping season could be bigger than anyone expects! In-store shopping is back, and with it comes relaxed mandates. If you are looking for more retailers to add to your portfolio, check out the rest of his picks here:
BONUS PARTNER PORTFOLIO
See more of Leo's top picks in his Stock Card portfolio
💥 Bonus 💥 Leo keeps his picks on a Stock Card portfolio named “High Growth Penny Stocks!” These all have the potential to skyrocket, so follow it to stay updated on the next stocks he adds.